The Civil Society Organisations (CSOs) Budget Forum is urging the government to introduce stronger policy measures to stabilise the Ghanaian cedi and to include a sunset clause in the proposed Energy Sector Levy (Amendment) Bill, 2025.
According to a graphic.com.gh report, Abdul Karim Mohammed, a representative of the Economic Governance Platform, emphasised the importance of making the levy time-bound to enhance transparency and rebuild public trust in the governments handling of the energy sector.
This appeal comes ahead of the Mid-Year Budget Review, which Finance Minister Dr Cassiel Ato Forson is expected to present on July 24, 2025.
A sunset clause would ensure that the levy has a specific expiration date unless it is formally renewed.
The bill proposes a GH¢1 charge on every litre of fuel purchased to help address the financial challenges facing the energy sector.
A clearly defined sunset clause will ensure the levy does not become a permanent burden and will promote accountability,” Mohammed stated.
In addition to currency stability, the Forum also urged the government to implement stronger policies to reduce inflation, particularly food prices, which continue to heavily affect low-income households.
DR/MA
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